Big news in the Chinese car world! Two big car companies, Dongfeng and Changan, might be joining forces. Their stock prices went way up because of this news. This shows how important these companies are to China's economy.
- Dongfeng's stock price jumped by almost 86%!
- Changan's stock price also increased.
- The Chinese government wants these companies to be more competitive and make more electric cars.
Company | Stock Change | 2024 Sales (approx.) |
---|---|---|
Dongfeng | +85.8% (initial) | 1.54 million |
Changan | +4.8% | (Not specified) |
BYD | (Not specified) | Surpassed GM, Honda, and Ford |